CTRM Stock Overview
Provides shipping services worldwide. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
Castor Maritime Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$2.85 |
| 52 Week High | US$6.50 |
| 52 Week Low | US$2.77 |
| Beta | 0.92 |
| 1 Month Change | -20.17% |
| 3 Month Change | -29.63% |
| 1 Year Change | -37.46% |
| 3 Year Change | -82.19% |
| 5 Year Change | -98.47% |
| Change since IPO | -99.44% |
Recent News & Updates
Recent updates
Castor Maritime's (NASDAQ:CTRM) Returns On Capital Not Reflecting Well On The Business
Mar 01
Castor Maritime Inc. (NASDAQ:CTRM) Soars 39% But It's A Story Of Risk Vs Reward
Dec 19Castor Maritime (NASDAQ:CTRM) Seems To Use Debt Quite Sensibly
Nov 14Returns Are Gaining Momentum At Castor Maritime (NASDAQ:CTRM)
Aug 09Is Castor Maritime (NASDAQ:CTRM) A Risky Investment?
Apr 17We Think Castor Maritime (NASDAQ:CTRM) Might Have The DNA Of A Multi-Bagger
Mar 13Castor Maritime (NASDAQ:CTRM) Is Investing Its Capital With Increasing Efficiency
Oct 13Castor Maritime: Outstanding Financial Condition Despite Weaker Dry Bulk Market Conditions
Sep 26There's No Escaping Castor Maritime Inc.'s (NASDAQ:CTRM) Muted Earnings Despite A 36% Share Price Rise
Aug 11Castor Maritime: Tanker Exposure Should Benefit Q2 Results - Buy
Jun 07Castor Maritime (NASDAQ:CTRM) Is Doing The Right Things To Multiply Its Share Price
May 11Castor Maritime - Shares Rally After Strong Q4 Report Without Further Dilution
Feb 08Castor Maritime: Delving Into The Liability Side Of The Balance Sheet
Jan 05Returns On Capital At Castor Maritime (NASDAQ:CTRM) Have Hit The Brakes
Dec 04Castor Maritime - Cheap For A Reason
Nov 23There Are Some Holes In Castor Maritime's (NASDAQ:CTRM) Solid Earnings Release
Aug 12Capital Allocation Trends At Castor Maritime (NASDAQ:CTRM) Aren't Ideal
Aug 07Castor Maritime: Recent Meme Stock Now In Value Territory - Buy For The Next Momentum Stampede
Aug 06Castor Maritime regains compliance with Nasdaq minimum bid price requirement
Jun 15Castor Maritime acquires Kamsarmax dry bulk carrier for $21M
May 04Castor Maritime acquires five tankers in its largest purchase transaction
Apr 30Castor Maritime acquires Panamax dry bulk carrier for $14.5M
Apr 28Castor Maritime: Massive Dilution And A Small Fleet Suggest This Shipping Company Is Overvalued
Feb 02Castor Maritime climbs 14% on announcement of vessel acquisition
Feb 01Reflecting on Castor Maritime's (NASDAQ:CTRM) Share Price Returns Over The Last Year
Jan 29
Castor Maritime prices $18M registered direct offering
Dec 31Castor Maritime receives 180-day extension from Nasdaq for regaining compliance
Dec 30Shareholder Returns
| CTRM | US Shipping | US Market | |
|---|---|---|---|
| 7D | -6.6% | -6.5% | -2.4% |
| 1Y | -37.5% | 11.2% | 23.3% |
Return vs Industry: CTRM underperformed the US Shipping industry which returned 11.2% over the past year.
Return vs Market: CTRM underperformed the US Market which returned 23.3% over the past year.
Price Volatility
| CTRM volatility | |
|---|---|
| CTRM Average Weekly Movement | 5.6% |
| Shipping Industry Average Movement | 4.9% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: CTRM has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: CTRM's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2017 | 1 | Petros Panagiotidis | www.castormaritime.com |
Castor Maritime Inc. provides shipping services worldwide. The company operates through Dry Bulk Vessels and Containerships segments. It offers seaborne transportation services for dry bulk cargo; and commodities, such as iron ore, coal, soybeans, etc. As of December 31, 2023, the company owned and operated a fleet of 17 vessels primarily consisting of one Capesize, five Kamsarmax, two Handysize tanker vessels, and nine Panamax dry bulk vessels, as well as two 2,700 TEU containership vessels.
Castor Maritime Inc. Fundamentals Summary
| CTRM fundamental statistics | |
|---|---|
| Market cap | US$27.54m |
| Earnings (TTM) | US$69.55m |
| Revenue (TTM) | US$76.44m |
0.4x
P/E Ratio0.4x
P/S RatioIs CTRM overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CTRM income statement (TTM) | |
|---|---|
| Revenue | US$76.44m |
| Cost of Revenue | US$33.38m |
| Gross Profit | US$43.06m |
| Other Expenses | -US$26.49m |
| Earnings | US$69.55m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 7.20 |
| Gross Margin | 56.33% |
| Net Profit Margin | 90.98% |
| Debt/Equity Ratio | 0.3% |
How did CTRM perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 03:10 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Castor Maritime Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|